CALGARY, ALBERTA -- (Marketwire) -- 02/07/13 -- Lateral Capital Corp. ("Lateral" or the "Company") (TSX VENTURE:LCP) - Mr. Corbin Blume, President and Chief Executive Officer of Lateral, announces the resignations of Mrs. Diane Zuber as Chief Financial Officer effective February 6, 2013 and Mr. Brent Defosse as Executive Vice President and Chief Operating Officer effective February 15, 2013. The Company thanks Mr. Defosse and Mrs. Zuber for their valuable contributions and wishes them all the best in their future endeavors.

The Company will make an announcement shortly about the appointment of a Chief Financial Officer.

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